Reflect on what you have learned in the past several units and compose your journal response on the following questions: Do you think the same person who receives cash payments should also prepare

Reflect on what you have learned in the past several units and compose your journal response on the following questions:

• Do you think the same person who receives cash payments should also prepare the bank reconciliation? Give at least one reason to support your answer.
• Identify a company, business, or organization in your community (it can be one for which you work), and share some examples of current and long-term liabilities for that company. Reflect on the financial statement presentation requirements for the company’s current and long-term liabilities. Based on what you have learned, what changes would you make, if any? Why, or why not?

Your journal must be a minimum of 3 well-constructed paragraphs and use APA format for citations you may include.